American Capital Mortgage Investment Corp. (NASDAQ:MTGE)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as $17.09 and last traded at $16.94, with a volume of 243,950 shares traded. The stock had previously closed at $16.98.

A number of research firms have recently commented on MTGE. Credit Suisse Group AG downgraded shares of American Capital Mortgage Investment Corp. from an “outperform” rating to a “neutral” rating in a report on Wednesday, June 1st. Zacks Investment Research raised shares of American Capital Mortgage Investment Corp. from a “sell” rating to a “hold” rating in a report on Friday. Keefe, Bruyette & Woods set a $17.50 price objective on shares of American Capital Mortgage Investment Corp. and gave the stock a “buy” rating in a report on Wednesday. Wunderlich raised their price objective on shares of American Capital Mortgage Investment Corp. from $15.00 to $17.00 and gave the stock a “hold” rating in a report on Tuesday. Finally, Deutsche Bank AG set a $17.50 price objective on shares of American Capital Mortgage Investment Corp. and gave the stock a “hold” rating in a report on Wednesday. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $17.08.

The stock has a 50 day moving average price of $16.02 and a 200 day moving average price of $14.84. The stock’s market capitalization is $795.97 million.

American Capital Mortgage Investment Corp. (NASDAQ:MTGE) last issued its earnings results on Monday, August 1st. The real estate investment trust reported $0.85 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.41 by $0.44. During the same quarter last year, the company earned ($0.80) EPS. On average, equities analysts expect that American Capital Mortgage Investment Corp. will post $2.68 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 27th. Shareholders of record on Thursday, June 30th were issued a $0.40 dividend. The ex-dividend date of this dividend was Tuesday, June 28th. This represents a $1.60 annualized dividend and a dividend yield of 9.21%.

In other news, CFO Peter J. Federico sold 21,970 shares of the business’s stock in a transaction dated Tuesday, July 5th. The shares were sold at an average price of $15.61, for a total value of $342,951.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Donald Holley sold 8,528 shares of the business’s stock in a transaction dated Tuesday, July 5th. The shares were sold at an average price of $15.61, for a total transaction of $133,122.08. The disclosure for this sale can be found here.

An institutional investor recently raised its position in American Capital Mortgage Investment Corp. stock. California State Teachers Retirement System raised its position in shares of American Capital Mortgage Investment Corp. (NASDAQ:MTGE) by 1.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 94,791 shares of the real estate investment trust’s stock after buying an additional 1,436 shares during the period. California State Teachers Retirement System owned about 0.19% of American Capital Mortgage Investment Corp. worth $1,323,000 at the end of the most recent reporting period.

American Capital Mortgage Investment Corp. is a real estate investment trust. The Company invests in, finances and manages a portfolio of real estate-related investments, which the Company defines to include agency residential mortgage-backed securities, non-agency mortgage investments, other mortgage-related investments and other real estate investments.

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